PhD or employment for Physics undergrad?

I'm studying Physics at Oxford (international student) and am having a hard time considering my career options. I don't currently want to go into academia and quant jobs interest me a lot (mostly because of the pay). My question is, should I take a physics PhD before I find a job? I understand that PhDs generally get a higher pay but is the premium worth it compared to 3-4 years of work experience straight after masters?

I'm considering 3 possible paths:

1. Quant jobs after integrated master.

2. PhD first then quant.

3. PhD then a research scientist position in tech firms.

Which of them is more favourable in terms of average/median pay and WLB?

I understand my qn is pretty vague but would really appreciate your help!

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